Vyaya
Side-by-Side Comparison|Updated March 2026

HDFC Bank Regalia vs Axis Bank Magnus Credit Card

Detailed comparison of fees, rewards, benefits, and value to help you choose the right credit card for your spending pattern.

HDFC Bank

HDFC Bank Regalia

7.8/10
Annual Fee₹2,500
Base Rewards0.5333333333333334%
NetworkVisa
View Full Details

Axis Bank

Axis Bank Magnus Credit Card

8/10
Annual Fee₹12,500
Base Rewards0.2%
NetworkVisa
View Full Details

Feature-by-Feature Comparison

FeatureHDFC Bank RegaliaAxis Bank Magnus Credit Card
Annual Fee₹2,500₹12,500
Joining Fee₹2,500₹12,500
Fee Waiver Spend₹3,00,000₹25,00,000
Base Reward Rate0.5333333333333334%0.2%
Reward CurrencyReward PointsEDGE Reward Points
NetworkVisaVisa
Editor Rating7.8/108/10
Forex Markup3.5%3.5%

Accelerated Rewards

HDFC Bank Regalia

  • 0% on SmartBuy Flights/Hotels

Axis Bank Magnus Credit Card

No accelerated rewards listed

Pros & Cons

HDFC Bank Regalia

Pros

  • Versatile reward redemption at ₹0.50 per point for flights and hotels via SmartBuy.
  • Low foreign currency markup of 2% compared to the standard 3.5%.
  • Comprehensive insurance including ₹1 Crore Air Accident Death Cover.
  • Complimentary Priority Pass membership for both primary and add-on members.

Cons

  • Domestic lounge access is now spend-linked (₹1 Lakh per quarter).
  • New applications are no longer accepted for Indian residents.
  • Reward points expire after 2 years.

Axis Bank Magnus Credit Card

Pros

  • High reward rate of 17.5 EDGE points per ₹200 on spends above ₹1.5 Lakhs monthly.
  • Unlimited domestic and international lounge access for primary and add-on cardholders.
  • Low foreign currency markup fee of 2% for international transactions.
  • Welcome benefit voucher worth ₹12,500 effectively offsets the joining fee.

Cons

  • Significant devaluation in 2024 removed monthly milestone bonuses and concierge services.
  • High annual fee waiver threshold of ₹25 Lakhs is difficult for most users to reach.
  • Reward points transfer ratio to air miles reduced from 5:4 to 5:2 for non-Burgundy users.

Our Verdict

Both HDFC Bank Regalia and Axis Bank Magnus Credit Card are strong options. Your choice should depend on your spending pattern and which card's rewards align better with your lifestyle.

Choose HDFC Bank Regalia if

High value on flight/hotel bookings and low forex markup for international spends.

Choose Axis Bank Magnus Credit Card if

Best value is unlocked after crossing the ₹1.5 Lakh monthly spend threshold.

Frequently Asked Questions

Which is better: HDFC Bank Regalia or Axis Bank Magnus Credit Card?
Both HDFC Bank Regalia and Axis Bank Magnus Credit Card are strong options. Your choice should depend on your spending pattern and which card's rewards align better with your lifestyle.
What is the annual fee difference between HDFC Bank Regalia and Axis Bank Magnus Credit Card?
HDFC Bank Regalia has an annual fee of ₹2,500, while Axis Bank Magnus Credit Card has an annual fee of ₹12,500. HDFC Bank Regalia offers a fee waiver on ₹3,00,000 annual spend. Axis Bank Magnus Credit Card offers a fee waiver on ₹25,00,000 annual spend.
Which card has better rewards: HDFC Bank Regalia or Axis Bank Magnus Credit Card?
HDFC Bank Regalia offers a base reward rate of 0.5333333333333334% with accelerated rewards on SmartBuy Flights/Hotels. Axis Bank Magnus Credit Card offers 0.2% base rewards. The better choice depends on your primary spending categories.
Can I have both HDFC Bank Regalia and Axis Bank Magnus Credit Card?
Yes, many users hold multiple credit cards to maximize rewards across different spending categories. HDFC Bank Regalia and Axis Bank Magnus Credit Card can complement each other if they cover different reward categories.
Which card is better for beginners: HDFC Bank Regalia or Axis Bank Magnus Credit Card?
For beginners, HDFC Bank Regalia may be more approachable with a lower annual fee of ₹2,500. However, evaluate based on your expected spending pattern rather than fee alone.

Related Comparisons

HDFC Bank Regalia vs SBI Card PRIMEAxis Bank Magnus Credit Card vs SBI Card PRIMEHDFC Bank Regalia vs Axis Bank Atlas Credit CardAxis Bank Magnus Credit Card vs Axis Bank Atlas Credit Card

Explore More

HDFC Bank Regalia Full ReviewAxis Bank Magnus Credit Card Full ReviewAll HDFC Bank CardsAll Axis Bank CardsBrowse All Credit CardsCredit Card Guides & Tips